The CBA (sometimes called BCA) is when a company SUMS up the benefits of a business related action and then the costs associated with that action are subtracted.
Answer:
I agree with the owner of the company
Explanation:
The overall losses are $40,000 per month and the fixed costs are $30,000 per month.
The company should stop production because the losses are over fixed cost and this tells us that the company is not even able to recover the variable costs and because the variable costs are not at least recovered, there would be no point for the company to continue in the business as it would keep on making a loss and the logic might be wrong regarding sunk costs but the decision must be taken in favour where production should be stopped.
Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.
<h3>What is the
law of demand and supply?</h3>
The law of supply and demand is still in effect:
Wages: when the amount supplied increases, but the quantity required does not, the price falls.
When the quantity required increases without the quantity supplied increasing, the price rises.
Thus, Wages would fall as the number of workers available grows.
For more details about law of demand, click here:
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Answer:
The answer is: Democratic management style
Explanation:
This management style is based on the belief that two heads are better than one, and that every employee (no matter position they hold) deserves to have a say.
So managers that follow this style usually encourage their employees to participate and share their ideas and suggestions. They tend to create horizontal organizations, but the final and last decision still belongs to the boss.
Employees usually like this system because they feel they are a valuable and important part of the organization. Many times it leads to higher efficiency and productivity.
As a downside, these organizations tend be more messy (informal) and decision making processes are very time consuming.
